The progress we’ve made, together, toward a safer, healthier and more secure future for all Americans.
Safer products on store shelves and a fairer marketplace to do business. Cleaner air to breathe and cleaner water to drink. Fewer toxic chemicals in our communities and in our lives. Less plastic pollution, more recycling and repair. These are some of the milestones that our staff, members and supporters have helped make happen. Together we are building a safer, healthier future in which we are freer to pursue our well-being and the common good.
Report: The Consumer Financial Protection Bureau turns 10
As the Consumer Financial Protection Bureau (CFPB) turns 10 years old, a new report from TexPIRG Ed Fund recaps how the agency has helped consumers over the past decade and the steps under way to refocus the CFPB on its mission after three years of retrograde decisions under the Trump Administration. The report also provides recommendations for CFPB action moving forward, especially on credit reporting. The CFPB opened its doors on July 21, 2011, one year after President Barack Obama signed the Dodd-Frank Wall Street Reform and Consumer Protection Act. Typically referred to as “Dodd-Frank” or “Wall Street Reform,” this law created the CFPB in the aftermath of the 2008 economic crash caused, in large part, by the financial industry’s malfeasance. The CFPB became the United States’ first federal agency dedicated to protecting consumers from financial shenanigans.